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Since 2014 Russia has been paying $9.8 per transit of one ton of oil to China via Kazakhstan.
Read More »Kazakhstan Ups Cost of Russian Oil Transit to China
Despite Sanctions Relief. Shell Still Cool on Iranian Oil Buys
Shell said in its annual report it had bought only three cargoes of Iranian oil over the past year.
Read More »Iran and Iraq to Ramp Up Oil Production Despite OPEC Cuts
According to the IEA. Iraq will increase its output to 5.4 million barrels per day by 2022.
Read More »Iran. Russia. Azerbaijan Agree on 50% Cut in Transit Tariffs
IRIR is currently building a railroad from the Iranian Caspian port city of Astara to the border with Azerbaijan.
Read More »OPEC. Russia Show Unified Front on Crude Supply Cuts
Many of the questions revolved around the fact that there is so much inventory remaining.
Read More »US Pledges Strictness on Iran Nuclear Deal
Iran'.s stockpile of low-enriched uranium was 101.7 kg. well below the agreed level of 300 kg.
Read More »MP Explains Implications of US-IAEA Talks for JCPOA
Amano met US Secretary of State Rex Tillerson in Washington last Thursday.
Read More »Brent Below $56
US crude stocks rose by 11.6 million barrels last week.
Read More »South Pars Gas Production to Improve Drastically
Production of natural gas in South Pars in a shared field with Qatar will amount to 600 million cubic meters per day.
Read More »Turkey to Conduct Seismic Exploration in Mediterranean. Black Sea
Two vessels will carry out 2D and 3D seismic exploration work.
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